El stock de capital industrial medido a través de la relación inversión-empleo: estimaciones para los estados mexicanos
AbstractIn this paper we propose an estimation of the stock of capital series for the industrial sector of the Mexican states. In order to do it, the average age of the capital stock is calculated by estimating an empirical model that relates investment rates and employment. The empirical findings suggest a significant interregional variation in the capital stock age that coincides with technology differences among industrialized and non (or less) industrialized states. The regional tendencies of the capital stock series indicate a growing relationship among the capital-labor ratios and a relatively stable investment rate, an advanced result from the economic theory.
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Bibliographic InfoArticle provided by Universidad Autonoma de Nuevo Leon, Facultad de Economia in its journal Ensayos Revista de Economia.
Volume (Year): XXVII (2008)
Issue (Month): 1 (May)
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Web page: http://www.economia.uanl.mx
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Find related papers by JEL classification:
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Capital; Investment; Capacity
- O18 - Economic Development, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
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- Brock, Gregory & German-Soto, Vicente, 2013. "Regional industrial growth in Mexico: Do human capital and infrastructure matter?," Journal of Policy Modeling, Elsevier, vol. 35(2), pages 228-242.
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